Ministry of Finance - Vote 744

ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM - VOTE 1203

This program develops and implements sound economic and fiscal strategies to stimulate economic growth and job creation; forecasts, monitors and reports on the performance of the Ontario economy; develops the policy and legislative framework for Ontario's financial services industry; develops and implements a fiscal and financial management framework for the public sector in Ontario; implements an integrated financial information system for the Government of Ontario; develops, monitors and reports on the fiscal plan and results for the province; provides policy, training, and advice to clients, managers, and decision makers in the areas of accounting, fiscal and financial management; and fosters greater accountability and fiscal integrity in the public sector in Ontario. The program also monitors the fiscal and financial relationship between the province and the municipalities. Finally, the program leads the overall planning for the management of government assets identified as strategic.

ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM 1203 - Operating Expenses Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

1 Economic Policy   7,570,800 79,000 7,491,800 168,584,987
2 Fiscal and Financial Policy   108,090,500 29,831,900 78,258,600 22,610,772
3 Integrated Financial Information System   38,300,000 (-11,100,000) 49,400,000 37,344,221
5 Provincial-Local Finance   12,183,000 1,166,000 11,017,000 15,324,018
6 Ontario Municipal Partnership Strategy   677,092,500 5,200,000 671,892,500 667,584,822
- Ontario Electricity Restructuring   - - - 984,089
- Change Fund   - (-327,500,000) 327,500,000 -
     
  Total Operating Expenses   843,236,800 (-302,323,100) 1,145,559,900 912,432,909
     
  Amount to be Voted   843,236,800 (-302,323,100) 1,145,559,900 912,432,909
     


ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM - Standard Accounts Classification of Activities and Sub-activities - OPERATING EXPENSES

Economic Policy (1203-1) Activity $
Salaries and wages 5,653,300
Employee benefits 526,000
Transportation and communication 179,600
Services 957,300
Supplies and equipment 94,200
Transfer payments
Grants in support of Economic and Financial Services Policy Research 160,400
Activity Total 7,570,800


Fiscal and Financial Policy (1203-2) Activity $
Salaries and wages 12,606,500
Employee benefits 1,829,000
Transportation and communication 2,014,700
Services 27,739,000
Supplies and equipment 901,300
Transfer payments
$
Partnerships with the Broader Public Sector
13,000,000
Supply Chain Management Project for the Broader Public Sector
50,000,000
Transfer payments Subtotal 63,000,000
Activity Total 108,090,500


Integrated Financial Information System (1203-3) Activity $
Salaries and wages 8,766,400
Employee benefits 1,376,300
Transportation and communication 335,300
Services 19,794,800
Supplies and equipment 8,027,200
Activity Total 38,300,000


Provincial-Local Finance (1203-5) Activity $
Salaries and wages 3,193,300
Employee benefits 359,400
Transportation and communication 215,000
Services 8,300,300
Supplies and equipment 115,000
Activity Total 12,183,000


Ontario Municipal Partnership Strategy (1203-6) Activity $
Transfer payments
$
Ontario Municipal Partnership Fund
661,500,000
Special Payments to Municipalities
15,592,500
Transfer payments Subtotal 677,092,500
Activity Total 677,092,500


Total Operating for Economic, Fiscal, and Financial Policy Program 843,236,800